Product Code: ETC021961 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Qatar Gears Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 19.41% in 2028, following an initial rate of 1.26%, before easing to 5.88% at the end of the period.
The Qatar Gears market is expected to grow at a CAGR of 4.4% during the forecast period. The growth in the gears market in Qatar is primarily attributed to increasing investments by government and private companies for infrastructure development, growing industrial sector and rising demand from automotive industry.
With an aim to support the country???s economic diversification efforts and create jobs, the government has been making significant investments for infrastructure projects such as roads construction and renovation of public buildings as well as commercial spaces. This will further drive the demand for gears in Qatar over the coming years. The manufacturing and industrial sector plays a major role in promoting economic growth of Qatar. Industries like petrochemicals, food processing, automobiles production are driving an increased demand for geared applications such as gearboxes and motors used in various operations across these industries supporting their overall productivity which is likely to propel market growth during 2025-2031.
High Cost Associated with Gear Technology Upgradation : Various factors such as high cost associated with technology upgradation may restrain market growth over long run despite introduction of advanced technologies that enable users more efficient performance from gear systems under extreme conditions. Also lack of technical know-how among end users can further limit opportunities available in this space over next few years.
Major players operating in Qatar Gearing Market include ABB Ltd., WEG S/A, Vacon Oyj, Eaton Corporation Plc., Siemens AG, SEW Eurodrive GmbH & Co KG, Toshiba International Corporation, Altra Industrial Motion Corp., Rockwell Automation Inc., Nidec Corporation etc. These players are adopting strategies such strategic partnerships or collaborations with local distributors or dealerships which shall have positive impact on sales volumes through providing better reach towards target consumers.
Covid - 19 pandemic has had serious implications on global economy due its unprecedented spread resulting into lockdown imposed across various countries including Qatar since March 2025 leading into disruption along entire supply chain owing to closure of factories thereby hampering rate of production involving usage of gearing equipment thus negatively affecting revenue generated by gear manufacturers operating within country`s jurisdiction.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Qatar Gears Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Gears Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Gears Market - Industry Life Cycle |
3.4 Qatar Gears Market - Porter's Five Forces |
3.5 Qatar Gears Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Qatar Gears Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Qatar Gears Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Gears Market Trends |
6 Qatar Gears Market, By Types |
6.1 Qatar Gears Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Qatar Gears Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Qatar Gears Market Revenues & Volume, By Spur Gear, 2021-2031F |
6.1.4 Qatar Gears Market Revenues & Volume, By Helical Gear, 2021-2031F |
6.1.5 Qatar Gears Market Revenues & Volume, By Bevel Gear, 2021-2031F |
6.1.6 Qatar Gears Market Revenues & Volume, By Worm Gear, 2021-2031F |
6.1.7 Qatar Gears Market Revenues & Volume, By Gear Rack, 2021-2031F |
6.1.8 Qatar Gears Market Revenues & Volume, By Others, 2021-2031F |
6.2 Qatar Gears Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Qatar Gears Market Revenues & Volume, By Vehicles, 2021-2031F |
6.2.3 Qatar Gears Market Revenues & Volume, By Industry, 2021-2031F |
6.2.4 Qatar Gears Market Revenues & Volume, By Special Equipment, 2021-2031F |
7 Qatar Gears Market Import-Export Trade Statistics |
7.1 Qatar Gears Market Export to Major Countries |
7.2 Qatar Gears Market Imports from Major Countries |
8 Qatar Gears Market Key Performance Indicators |
9 Qatar Gears Market - Opportunity Assessment |
9.1 Qatar Gears Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Qatar Gears Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Qatar Gears Market - Competitive Landscape |
10.1 Qatar Gears Market Revenue Share, By Companies, 2024 |
10.2 Qatar Gears Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |